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Compre completes acquisition; boosts team

Europe20-08-2014Insurance News, Reinsurance News

Independent re/insurance legacy specialist Compre has completed the acquisition of Hamburger Internationale Rückversicherung (HIR) from Tawa after obtaining regulatory approval from German regulator BaFin.

QBE profits drop; completes capital raising

Asia Pacific20-08-2014Insurance News

Australian insurer QBE Insurance posted an 18 percent fall in its net profits in the first half of 2014 as it announced plans to partially float its mortgage insurance business and raised some $600 million of new capital.

Xchanging strengthens Asia-Pacific team

Asia Pacific20-08-2014Insurance News

Xchanging, the business process, procurement and technology services provider, has appointed Raymond Victor as vice president Asia Pacific sales, Xchanging Technology.

Arch appoints regional manager from Ace

Asia Pacific20-08-2014Insurance News

Arch Underwriting at Lloyd’s (Australia) has appointed Clive Davidson as regional manager, executive risks.

Beazley boosts M&A transaction liability team

North America20-08-2014Insurance News

Specialist insurer Beazley has expanded its US underwriting capabilities with the recruitment of Benjamin Welch. He will be based in Beazley's Atlanta office.

Moody’s downgrades QBE LMI’s outlook

Asia Pacific20-08-2014Insurance News

Moody's Investors Service has downgraded the rating outlook of QBE Lenders’ Mortgage Insurance following the announcement of a partial initial public offering (IPO) of the company.

AM Best says reinsurance outlook negative

Asia Pacific, Europe, Latin America, MENA, North America20-08-2014Reinsurance News

AM Best is the final agency to revise its outlook on the global reinsurance sector to negative, citing ongoing market challenges which will hinder the potential for positive rating outlooks or upgrades.

Aquiline in talks to acquire Beach & Associates

North America20-08-2014Insurance News, Reinsurance News

Private equity firm Aquiline is reportedly in advanced talks with Beach & Associates, a Canada-based re/insurance intermediary, to acquire a majority stake in the firm.

Open International completes PE-backed MBO

19-08-2014Capital Management News, Insurance News

The management team of Open International, the parent company of the online commercial insurance markets PowerPlace and Open GI, has completed a management buyout of the business from its private shareholders with the backing of Montagu Private Equity.

NAIC backs new XXX/AXXX framework

Bermuda, Caribbean, North America19-08-2014Insurance News, Reinsurance News

The executive committee of the National Association of Insurance Commissioners (NAIC) has adopted a newly drafted reinsurance framework which changes the types of assets or securities insurer/captive regulations can invest in to back their reserve liabilities.

Showing 17351 to 17360 of 20088 results

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